Dried Grapes Market in South Africa
In value terms, dried grapes production dropped to $ in 2013 estimated in export price. Over the period under review, the total production indicated a noticeable increase from 2007 to 2013: its value increased at an average annual rate of +% over the last six-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2013 figures, production decreased by -% against 2010 indices. The most prominent rate of growth was recorded in 2010 when the production volume increased by % against the previous year. As a result, production reached the peak level of $. From 2011 to 2013, production growth remained at a somewhat lower figure.
The size of the dried grapes market in South Africa contracted dramatically to $ in 2013, which is down by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded a sharp shrinkage. Dried grapes consumption peaked at $ in 2011; however, from 2012 to 2013, consumption remained at a lower figure.